Mumbai-based early stage investment firm Kae Capital has reportedly closed its second VC fund at $53 Mn, a 32.5% increase from the estimated $40 Mn. According to sources, around 40% of the fundraise has been contributed by international investors and institutional backers like Quilvest, Velos Par…
Tag: Quikr
Home rental start-up NestAway acquires rival Zenify
Bengaluru-based home rental startup NestAway has acquired residential rental management company Zenify, run by parent company City Synapse Information Pvt. Ltd for an undisclosed amount. Post acquisition, Zenify will continue to operate as a separate entity. With this acquisition, NestAway, in ad…
The start-up hub that was once in contention to be India’s Silicon Valley is battling persistent storms
There is an alley going towards the washroom at Starbucks in Powai. Both male and female entrepreneurs have pitched their ideas to me while waiting their turn to use the loo. That is the kind of exuberance that existed back then,” said investor Sanjay Mehta, recalling the heady days of Mumbai’s s…
Currency Ban Impact: Now locate ATMs near you through CashNoCash.com
To help cash-strapped citizens, Quikr and Nasscom have launched CashNoCash.com, the crowd-sourced site that helps users across India find the nearest ATM, bank or post-office to get insights on cash availability and waiting time in queues for cash exchange or withdrawal. It also offers users a ch…
Investment firm Kinnevik raises Quikr valuation
Bengaluru: While several Indian startups in recent times have seen their valuations being marked down by mutual funds holding shares of those firms, online classifieds firm Quikr’s valuation has been raised to $1.47 billion by one of its investors, Kinnevik, in its latest quarterly report. …
Indian social classified start-ups welcome FB’s marketplace launch
Ahmedabad: Indian social classified startups like Fxchng.com, Listup and Yappily are hopeful that with Facebook launching its Marketplace, a hyper-local & community-driven online shopping that matches local buyers and sellers, will validate the concept, there would be an increase in acceptanc…
Quikr acquires Hiree, to focus on innovating in jobs space
Online classifieds company Quikr said it has acquired online hiring platform focused on white collar jobs Hiree for an undisclosed amount. Hiree will be merged with QuikrJobs and will operate out of Quikr headquarters, the company said in a statement. “We launched QuikrJobs with an aim to …
DriversKart partners with QuikrServices for on- demand driver service
Driver on Demand service DriversKart has partnered with QuikrServices to provide services in Delhi, Bangalore and Chennai on the Quikr platform. As part of the tie-up, queries received for on-demand driver services on the Quikr platform will be redirected to Driverskart. As per Vinit Srivastava, …
I foresee a lot of automation & intelligence coming out of cloud telephony use-cases | S Ganesan, CEO & Co-Founder, Exotel
In this growing era of development, Cloud telephony is poised to change the way businesses look at customer communications.Cloud telephony refers specifically to voice services where they deliver scalability and reliability, allowing businesses to communicate better with their customers and vendo…
Amazon launches used-goods platform, takes on Quikr, Olx
BENGALURU: Now you can sell your used goods on Amazon . Junglee , a subsidiary of the Seattle-based e-commerce firm, has kickstarted a pilot which lets an individual sell second-hand goods across different categories like mobile phones, tablets, pre-owned watches, books, among other such items. C…